Oppenheimer Sees Microsoft, Oracle and SAP as Potential AI Winners
The assessment pointed to results from a recent survey of 449 IT buyers.
The assessment pointed to results from a recent survey of 449 IT buyers.
Shares traded at $4.06 in morning trading, up $0.46 from the previous close.
David Solomon also expressed optimism about investment in computing capacity. Goldman Sachs projects U.S. data center construction spending at $80 billion in 2026 and $100 billion in 2027.
Honda expects production to begin in 2029, and the plant is expected to create more than 2,000 jobs.
The stock traded at $17.01 on Nov. 10, up 81.93% from its previous close.
Miller called the estimate rough and said the categories have subjective boundaries. AI spending has not materially affected results.
Ionis lowered its 2026 sales outlook for the drug to about $50 million from $100 million to $110 million, despite third-quarter results that beat expectations.
The forecast covers HEPZATO KIT and CHEMOSAT. Delcath reported 33 active treatment centers.
The companies propose $1.85 billion in initial capital for projects in Sarawak and Peninsular Malaysia. Final investment terms remain outstanding.
CEO and director Wesley Whymark exercised 375,000 warrants, while McEwen’s 9.2 million-warrant exercise was included in the total.
The purchases took place in Milan and New York under a repurchase tranche capped at €250 million.
Anthropic has applied to list its Class A shares on Nasdaq under the symbol ANT. The shares have no public trading history.
The charge relates to changes in equipment procurement for U.S. artificial intelligence data centers.
The company held 15,649.14 BTC on Sept. 30, with a combined fair value of $1.308 billion.
Strategy spent $188.3 million repurchasing STRC shares during Nov. 2–8, funding the purchases with proceeds from common stock sales.
The Teledyne Technologies Incorporated subsidiary will provide ground support equipment for the Next Generation Interceptor program.
JBS reported third-quarter non-GAAP earnings of $0.16 per share.
Coinbase Payment APIs convert incoming USDC and send the proceeds to PNC by bank wire for deposit.
Rocket Lab posted an $80 million net loss and forecast a fourth-quarter adjusted EBITDA loss of $14 million to $20 million.
The deal includes 471,125 common shares and warrants for 353,344 additional shares.
Revenue rose 24% year over year to $13.5 million, while the company recorded a net loss of about $328 million for the first three quarters.
Wayve will train its foundation models on CoreWeave Cloud under the agreement.
The asset purchase was completed Nov. 2 and announced Nov. 9. Onterris has described a pipeline centered on smaller bolt-on deals.
The agreement covers the Schlotberg-Jüchsen project and involves Stadtwerke Heidenheim AG.
Options implied volatility reached 159% against a historical 45% reading, while revenue estimates pointed to an 11.9% annual decline.
Nine-month net product revenue rose 92% to $143.6 million. ImmunityBio plans to submit a supplemental biologics license application for BCG-naive patients before year-end.
The existing 1.2-GW gas-fired plant is expected to open in late 2029. No expansion agreement has been completed.
The 9,587 ETH purchase brings the company’s treasury to about 6.06 million ETH.
The license covers blocks 2112B and 2212A, and the agreement remains subject to customary regulatory approvals.
The 712-person studies found fewer breathing interruptions at week 52 with the pill than placebo, with or without positive airway pressure therapy. Lilly plans to submit the results to the FDA by year-end.
Amazon’s 2026 capital-spending forecast rose to $220 billion from $200 billion. The company expects the outlay to weigh on free cash flow until new data centers begin paying off.
The 1 billion-user mark is a future goal, not a current count.
The previous agreement valued the deal at $5.7 billion, with a first-quarter 2027 closing expected.
Shopee’s adjusted EBITDA rose 12.2% in the second quarter, while Monee’s credit-loss provisions increased 71.5%.
New York added more than 30,000 tech workers from 2022 to 2025, while San Francisco lost nearly 24,000. Most of New York City’s tech employees work outside technology firms.
Gross profit was $781,567, or 77% of revenue, compared with $770,000 and 81% a year earlier.
Its provision for credit losses fell to $56,000 from $110,000 in the second quarter.
The account closures are part of a planned wind-down of Binance France’s operations.
The limited rollout will convert payments into dollars and test which stablecoin features business and institutional customers find useful.
Revenue exceeded estimates by $5.2 million, while non-GAAP EPS topped forecasts by $0.05.